Final answer:
A business focusing more on human resources than physical assets is a service-based business, which offers intangible goods or services that rely on the skills and expertise of people.
Step-by-step explanation:
A business that relies more on human resources than on physical assets like buildings, machinery, material resources, and land would be a service-based business. These businesses focus on providing intangible goods or services like consulting, financial advice, or education, which require the skills, expertise, and direct interaction of people rather than the use of heavy machinery or large-scale production facilities.
Service-based businesses can range from individual consultants to large firms offering specialized services. Since their value proposition relies heavily on human capital, they invest significantly in hiring, training, and retaining skilled professionals, and their infrastructure needs are generally less extensive than those of manufacturing or production-oriented companies. Examples may include software development companies, law firms, accounting agencies, and healthcare providers, all of which underline the critical role of human resources.